Is Onyx Fx Global a Scam? 100% Must Read Accurate Analysis – Earn From Your Laptop

Is Onyx Fx Global a Scam? 100% Must Read Accurate Analysis

Is Onyx Fx Global a Scam Logo

The question is whether or not Onyx Fx Global is a scam. Obviously, the answer to that question is highly subjective and based on your knowledge of the company. This Onyx Fx Global review will provide you with information about Onyx Fx Global that will help you decide whether it’s worth your time, money or effort.

Is Onyx Fx Global a Scam

Onyx Fx Global has been described by some as “a scam” and others as “legitimate.” The truth about this company is not always black and white, but rather a mix of facts.

Finally, at the end of this article you will find links to various resources that you can use to decide for yourself if Onyx Fx Global is right for you.

Is Onyx Fx Global a Scam? Onyx Fx Global Review Summary

Product Name: Onyx Fx Global

Founder: Nick Deflorio

Price: $1,497

Rating: 20/100

Best For: Beginner Traders (no prior trading experience)

Recommended: Not Recommended

What is Onyx Fx Global  About: Onyx Forex is a trading school that provides newbies with strategies to earn money in a shorter period of time.

Summary: Onyx Fx Global is an e-learning trading hub that claims to give aspiring traders access to experts’ secrets of financial market trading and allow them to earn $300-$1000 each day.

Is Onyx Fx Global a Scam?

Many people are concerned that this is a scam.

I’ve visited numerous forex trading websites and enrolled in programs/courses that claimed to support and educate me in all aspects to succeed in  the industry. Clearly, they have nearly identical techniques, so what separates Onyx Forex from them?

With trading being such a popular side hustle because it doesn’t require you to quit your job, buy products, or rent any space, Onyx Forex is fast expanding and providing results for its global students on a daily basis.

They claim students who join can earn up to $1,000 per day by trading for only 30 minutes.

But I  just want to emphasize that forex trading is not always rainbows and butterflies. 

This time, I’ll reveal everything about Onyx Fx Global that will surely blow your minds!  

What is Onyx Fx Global About?

Onyx Fx Global was founded by Nick Deflorio from Australia.

In June of 2020, Mr. Deflorio launched this website. He explained that he has been focusing on his trade and was not initially interested in selling his strategies.

Nick Deflorio stated that his primary goal is to continue to give value to his members and to expand the coaching team that develops learning modules and new tactics for newbie traders to use and profit from.

Onyx Forex caters to total newbies with no prior trading experience. Nick noted that when he first started trading, there was a lot of material available online, but nothing that showed him how to implement a plan that truly worked. 

So, after leaving his full-time work as a Real Estate Agent in affluent Sydney, Australia in 2016, he took matters into his own hands, building a full online education hub where beginners can just log on and learn professional trading secrets in the shortest time possible while receiving 5 star assistance.

How Does Onyx Fx Global Work?

Onyx Forex currently has a trading floor in Sydney, Australia, as well as three senior coaches who are always bringing fresh value and mentoring members.

Nick refers to this as a step-by-step hand-held coaching technique because he believes that everyone absorbs information and learns in different ways depending on how they are addressed, therefore, he wanted to include this in his own education course.

Nick also mentioned that trading can be self-taught, but it takes a lot more time, which his target market lacks. Most of Nick’s students work full-time and are learning to trade, so they can make an extra $300 – $1,000 per day.

Trading only requires a mobile device or laptop, a few hours each day, and some initial funds to open your account, but Onyx Forex’s Founder emphasizes the significance of a consistent approach and most importantly, Risk Management.

Inside Onyx Fx GLobal

Nick was making decent money in real estate in 2016, but he decided to leave the “real estate prison” because he desired a life of freedom and flexibility.

Nick had made up his mind to leave. He was confused as to what he should do next. He happened to meet a coworker who was supplementing his income by trading in the financial markets.

He was introduced to what he says is the easiest way for a beginner to make money online from that day forward. As a result, he decided to leave his real estate career and pursue trading as a hobby.

Nick, like everyone else considering a career transition, experienced various challenges that pushed him to become the best trader he could be.

According to Nick, one of the reasons he built an e-learning platform was so that you could acquire the expert secrets of trading in the financial market and simply copy his working method to earn $1000 each day. Nick considers himself a financial trading master who is focused on your success as a newbie.

Nick spent $30,000 on his own trading education early in his career as a financial trader to obtain the knowledge he needed to establish what is currently a profitable and bulletproof trading system. So now, he wants to give back by educating newbies about his success strategy.

Membership Costs

NEW 2021 Onyx Platinum Trading Accelerator 2.0 + Included Bonuses & Early Enrollment Price

It was stated that if you join within the next 48 hours, you’ll receive ALL OF THESE EXCLUSIVE BONUSES AND SAVE $12,000 by taking advantage of this offer!

  • 15+ Hours Of Step By Step Video Training To Make You A Profitable Trader AS Quickly As Possible: ($2,997)
  • ​Exact Trading Strategy & 3 Proven Trading Strategies – The Compounding Growth System ($1,997) That Helped Me Build A $248,000 Trading Account
  • Learn The 3 Step Compounding Growth Strategy That Explodes Your Learning Curve ($1,997)
  • Be Personally Mentored By Nick & His Team Of Senior Traders Every Step Of The Way
  • Private Facebook Mastermind For VIP Members  NEW 2021 Group ($997) 
  • ​Monthly Q/A Call With Nick ($997)
  • ​+ 8 Early Enrolment Bonuses Listed Below   ($3,494)

Extra VIP Login & Program Access For A Friend/Family ($2,997) 

Recognizes that everyone has friends and relatives who want to make money online. If you ever want to learn alongside a friend, you involve them as well!

– Your partner or spouse

– Business partner 

– Friend

– Sibling

Literally anyone!

Complete Checklists & Profit Worksheets to Help You Accelerate Your Growth ($497)

Made as simple as possible for you to join, watch videos, and follow the applicable step-by-step instructions to uncover successful trades in minutes…

Begin learning while also earning money!

Monthly Q/A With Nick Personally Coaching You ($497)

It says you don’t have to go at it alone. Rely on Nick and his team’s expertise to make you lucrative as soon as possible. Don’t worry if you miss the session as it will be recorded and uploaded to your VIP E-Learning portal!

The Complete “Compounding Growth System” in 3 Steps ($2997)

Nick describes his whole Compounding Growth System in detail in the videos. He said this is the precise system that enabled him to achieve the lifestyle he desired through trading. This system has earned him over $300,000 in earnings and has enabled regular folks with no prior knowledge to earn $1000 every day.

VIP Facebook Mastermind Group ($2997)

Join their vibrant and successful beginner trading community, where members not only look out for one another but also encourage one another to improve every day. Don’t go at it alone, instead, come and  meet new people from all around the world and establish lifelong friends.

The Newly Released 2021 Onyx Black Course ($997)

They claim that their students have been consistently making $1,000-$2,000 per day using the newly revealed ONYX BLACK scalping approach and with your purchase today, you will get access to this exact content!

Onyx Package Lifetime Upgrades ($497)

Any upgrade, module, or new program released will be added to your e-learning platform immediately.

They promise to continue adding value to your membership, and you will continue to get rewards and upgrades for the duration of your subscription.

New Traders Get Full Setup & Onboarding Support ($499)

They’ve partnered with a brokerage and have a full-time account manager assigned to all new students.

If you’ve never set up a trading account before, they said their account manager Michael will get you up and running in minutes and will be available to assist you at any time.

They say this is a very “limited offer” and that they’ve never offered such a “high-value” package before. The total worth of this package exceeds $15,000.

Putting you in the best possible position to achieve consistent outcomes they said is what they truly want.

In exchange, they would only ask for an honest evaluation after you’ve made some money!

What a noble man he must be, right? But I just feel there’s still something I have to fully uncover.  

Can You Make Money with Onyx Fx Global?

Anyone with a computer can begin trading. In reality, as long as you have a reliable internet connection, a thorough understanding of the ideas, and some cash, you can get started in financial trading.

The issue arises when you do not have sufficient guidance. It is being said that when you join the Onyx e-learning platform and study his system, you will be able to overcome this difficulty.

In today’s financial trading market, I feel like there is a big barrier for newcomers and the learning curve is long and complicated.

Onyx Fx Global Online Reviews

There are favorable and bad reviews for any business model, strategy, course, or program. We can’t control how other people feel because we can’t please everyone.

Let’s take a look at some of the reviews I found online about Onyx Fx.

Common positive reviews

Is Onyx Fx Global a Scam Review
Is Onyx Fx Global a Scam Review
Is Onyx Fx Global a Scam Review

Common negative reviews

Is Onyx Fx Global a Scam Review
Is Onyx Fx Global a Scam Review
Is Onyx Fx Global a Scam Review
Is Onyx Fx Global a Scam Review
Is Onyx Fx Global a Scam Review

Is Onyx Fx Global a Scam?

Just to be fully transparent with you, I am not a student of Nick Deflorio or Onyx Fx Global myself and I do not endorse it in any way.

I have researched the website, testimonials, and information on the Internet to get to the bottom of what Onyx Fx Global genuinely does. This is because I have been burnt from programs just like this in the past and I want to prevent others from making the same mistakes. If you’d like to learn Ways to Avoid Online Scams then click the highlighted text.

I believe that we are entitled to our own opinions. We all have the right to disagree. It’s not for me to decide whether it is a scam or not. We all have different criteria and I respect that. 

Is Onyx Fx Global a Scam or Not

One thing I am certain of is that there is no shortcut to success. To reach the pinnacle of financial freedom and ability, it takes a lot of time, effort, and sacrifice.

Is Onyx Fx Global a Scam Owner Nick Deflorio

What I Like About Onyx Fx Global

Owner is definitely a person (+ points)

At least we are getting a vibe of a human-operated course instead of a fake founder.

What I Don’t Like About Onyx Fx Global

Very Expensive Course

This is the most important thing to me. If I come across a course that seems too good to be true, I always make time to investigate it more. I make certain that I am receiving essential information that no one else could possibly provide until I sign up for it.

You can try if you have a fully loaded wallet and plenty of savings, but if you’re struggling because you were recently laid off or your 9-5 job isn’t getting you anywhere, I strongly advise you not to enroll in this course.

To be honest, none of this makes sense. I won’t believe such promises since I don’t want to waste more money on a strategy that hasn’t even been proven to work.


What a pity! All of the videos had been pre-recorded. I had a feeling something wasn’t right with this guy and his “spectacular” trading course. He appears to be ready every 8 minutes or so, regardless of when and what time you sign up.

No Refunds

I’ve seen numerous complaints regarding people not being able to get their money back. It’s a little frustrating because it’s the total opposite of what Nick said.

FAKE REVIEWS and Suppresses Real Reviews

Comments received from Tower Breaker on 2nd September 2021 are in the comments section below. This raises concerns about his real feedback being somehow removed. Just as well this is captured on screenshots by myself before Nick or his team pulled them down. Tower Breaker also believes fake reviews are being posted on TrustPilot. This is a major concern and a huge red flag if this is occurring.

Ready to make Passive Income Online?
Hi, I’m John. I created a passive income online. And I had no marketing skills or online experience when I started.

My Opinion – Onyx Fx Global

I’m afraid to say that I couldn’t recommend Onyx Fx Global to anyone. 

Think about it. Not everyone can afford such expensive membership costs especially that we are still in the midst of global pandemic. I mean that’s too much compared to other forex trading courses out there. 

Onyx Fx Global has a great rating, I must say. However, testimonials alone are not enough to prove a course’s effectiveness. 

Imagine a company with only a few negative ratings; it’s almost too good to be true. I personally prefer to see negative reviews to prove that they aren’t fabricating their ratings.

Another thing. Why would someone urge you to pay him money in exchange for his knowledge when you can access it for free on sites like YouTube, Google, etc? 

Lastly, it’s still relatively new on the market and has yet to acquire a reputation. Only claims that haven’t even been proven yet.

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Onyx Fx Global


In Depth











  • Human-Operated System/Course


  • Very Expensive Course
  • Fake Live Webinars
  • No Refunds

25 thoughts on “Is Onyx Fx Global a Scam? 100% Must Read Accurate Analysis”

  1. Hello there! This is a detailed post. I personally have not heard of Onyx Fx Global before until I saw their adverts keep popping up so I was curious and glad I found your though Onyx Fx Global review. 

    Reading through your article, I was able to learn much more about it. I definitely had no clue that it had to do with trading Forex. Looking at the opportunities found in the package, it seemed like a very expensive “deal”. I was sure to think there may be some discounts for signing up but then you mentioned that a con was the expensiveness of the program. The no refunds policy kind of deters me a bit. I can definitely see why you wouldn’t recommend this to anyone. Thanks for compiling this honest Onyx Fx Global review.

  2. Thanks Mike for reading my honest Onyx Fx Global review.
    I have done a balanced review showing the full pros and cons to help readers make the best decision for themselves.  I’m glad you agree and this has saved you from this $1,497 program.

  3. Discussion is thorough and on point! Given our current position, I was anxious for forex trading education and guidance. I was on the verge of purchasing this guy’s course. He regularly sends me automated emails urging me to purchase his course since the offer is about to expire, etc. I tried attending his free webinar, but it was of zero use to me. Thanks anyway!

  4. Thanks Jayson,
    I’m really glad my honest Onyx Fx Global review helped you make the right decision and to save your valuable money and time.
    If you need help to build a real online business from home, feel free to contact me at [email protected]

  5. I’ve heard about Onyx FX Global, and quite honestly, I saw a lot of mixed opinions.
    Just like you said at the top of your Onyx Fx Global review, some say it’s a scam, while others claim it’s 100% legit.

    Based on your review here, I’m sure it’s not a scam. However, the problem with these forex platforms is that they promise too much too soon and I don’t like it. And the price is just too much! I don’t mind paying a top dollar for education, but this is not worth it. There are tons of free Forex courses all over the net that will teach you all the basics of forex trading. Paying this much to get the same info is absurd. I would say that this platform is best for those who run it.

  6. Seems the usual type of “Big Promise” programs. And the price is almost shocking. My God… $1500 sure is a lot of money!
    I went through all the details in your review and I agree with you that it doesn’t seem right.

  7. Thanks Ivan for your comments and insights on my Onyx Fx Global review.
    You make some great points about the value of education, but this Onyx Fx Global is clearly not worth the money.
    It IS very expensive and better for those committed to Forex to start with a free course and reassess.
    This is just such a large sum to pay upfront and the real user feedback is quite alarming too.
    Great point, Nick Deflorio must be making a lot of money selling this platform!

  8. Thanks for you comments Aparna and I’m glad you liked my honest Onyx Fx Global review.
    Whilst Onyx Fx Global is not a scam, it IS very expensive and there are plenty of free courses for beginners to start with before shelling out $1500.
    It’s also worth considering whether doing a forex business from home is the right business model, such a large cost to start with and learn.
    Thanks again

  9. I have not come across Onyx FX before, so found this review very helpful. Any trading, whether if being Forex or stocks and shares, can be very volatile, and of course if you do not know what you are doing, also very risky. 

    So from what I can gather, this is a platform developed by an ex estate agent, with no formal training in the complex world of Forex trading. I will not sign up for a course or platform that is run by somebody who has no qualifications in what he offers.

    Thanks for the heads up to avoid Onyx FX

  10. Hi Line,  thanks for sharing your perspectives after reading my honest Onyx Fx Global review.
    Yes there is certainly some questions and concerns around the founder Nick Deflorio’s training and qualifications.  Onyx Fx Global is a very expensive course, so this is yet another reason for newbies interested in Forex trading to consider the free courses readily available first.

  11. I also found he liked the camera view..look at me me me..
    To good to be true probably not true

  12. Thanks Anne for reading my honest Onyx Fx Global review.
    I noticed that too, I get the ads for Onyx Fx Global on many of the YouTube videos I watch. Nick Deflorio does make homeself seem front, centre and everywhere!
    So I too was curious and made this comprehensive Onyx Fx Global review to show where is Onyx Fx Global a scam or legit.

    In summary, Whilst Onyx Fx Global is not a scam, it IS very expensive and there are plenty of free courses for beginners to start with before shelling out $1500.
    It’s also worth considering whether doing a forex business from home is the right business model, such a large cost to start with and learn.
    Thanks again

  13. Hi John,

    I just saw this. I am the person under the name Tower Breaker that left a negative review for Onyx FX Global. Somehow he took my review down. It’s a shame because I took his course back in November I think and to this day I have not made any money.

    This guy is not real trader. You can tell by watching his videos. I’m confident I am a better trader than him and I’m not seeing $1K days. After his crappy course, I found myself taking other courses which helped me way more. Alot of people in his facebook group that don’t even know how to use metatrader and half the questions student’s ask get ignored. Any negative comment towards Nick in the group somehow Nick gets them to delete it. SMFH. And all the strategies they claim to teach you “the onyx way”. There is none, it’s just common sense things such as breakout patterns, candle reversal patterns fibonacci levels etc. All these things a novice trader already knows. There is no holy grail.

    Oh and one more thing, the moment I left that review. Within 24 hours 3 positive 5 star reviews got posted. Very suspicious, I believe a lot of the reviews to be fake. They are all written in the same mannerism/style.

    King regards.

  14. Thanks so much for sharing your experiences with Onyx Fx Global and I’m glad you appreciate my honest Onyx Fx Global review.

    What you have described is a serious concern, a huge red flag and I’m so glad we took the screenshots of your real and honest negative review of Onyx Fx Global to permanently remain on this review and you have elaborated fully on the further concerns that you experienced.

    This will help any people reading this post to make a fully informed decision. On my YouTube feed I am seeing the Onyx Fx Global daily so Nick is continuing to advertise to draw more people into his training. So there may be more people that continue to fall for these ads and buy into the Onyx Fx Global training.

    What you have described is seriously concerning and I’ll update the “What I Don’t Like About Onyx Fx Global” section to include the concerns you have raised.

    Thanks so much, you are doing a community service by sharing your real experience and helping protect innocent people.
    Wishing you success, John Stanley

  15. Hi, I stayed up just under 2hrs the other night for this free training to learn Nick’s secret to earning X$ – $1,000 and a day later I am still trying to figure out what he said in the 2hrs (perhaps its in actual details of the course material). This may work for Nick and a few but to watch a trendline hit 3 spots on a trade is not new. I was taken up by the hard selling advert but was left hanging in thin air kind of feeling and not certain what the free training was all about. I have not done any FX trading yet and was excited to see what Onyx Fx Global had to offer but ….yeah?…kind of dissapointed.

  16. Dont give this guy your money Henry, I would suggest looking for a mentor on Instagram. There is tons of Forex traders that can teach you the basics for a fraction of Onyx’s price. I have Nick’s course its not worth it trust me. This guy does not know how to mark up charts for ex. in the first module he will draw something on the charts that looks like a penis. He is very messy charts supposed to look clean. Also everything you can find for free on Youtube. Trading Forex for beginners for example or Learn how to read japanese candles. You can buy swag Academy forex course for $199.00 has way more content than Nick. Also if you live in North America I would find someone from that continent. Nick lives in Australia you will wait a long time for a response if you were to ask him something.

  17. Thanks for your comments and reading my honest Onyx Fx Global review. You sharing your real experiences and warnings helps people make the right decision for themselves.

  18. Thanks so much for sharing this extra info about Nick Deflorio using Fake and Paid Articles.
    I came across Onyx Fx Global and Nick Nick Deflorio on YouTube. He was using paid YouTube ads and I recall seeing his ads for about 3 months in a row and almost everyday. It was irritating! So it seems he uses a variety of paid traffic sources to bring in his customers.
    He claims a lot of success in his adverts but as you can see from the commenters and reviews online – there are many people who have had a bad experience. What has you experience been like?

    For me personally, I would much rather build a real online business that helps people than this high cost course with low success changes. Fact based, proven since 2005 and a lot more quality (Training, tools, mentoring, community & support) and for reasonable pricing. This is why I recommend this over all others. Also, there is no need for any credit card information to create a free account to see if it suits your style.
    Thanks again for your sharing, John

  19. Its a good course for beginners, its by no means a promise to make money, Nick is very clear about this in the course, and to answer your questions, I have seen him live trade, the guy knows what he is doing.

    Is it relatively expensive, yes.

    Is the course good? Yes

    Do students get results? Some, me included.

    I think with courses people need to stop thinking its an instant ”make money”

    I put a lot of work in and practised and saw results, theres also a load of great traders in the discord, I have taken 3 courses and this rates the highest for me.

    Hope my input helps,


  20. Hi Frank,
    Thanks so much for your input, it really helps all readers and to present balanced viewpoints so that readers can decide for themselves.
    I agree with you that is is quite common for people that buy courses, many will think they can instantly “make money”.
    In your case you have put in a lot of work, practiced and seen results. You have also taken 3 courses. So you are clearly committed.

    Regardless of the business model people choose – Forex trading, Crypto trading, Dropshipping, Affiliate Marketing etc…
    The requirement for success in any of these is consistent and committed efforts. There are no “push button” or “instant” profits.

  21. This company is not honest. It’s all deceitful and fake. I noticed many figures on my account weren’t adding up, so a little investigation revealed they were helping themselves to my investment. I found this disturbing and wanted out, but they made it difficult.

  22. Hi Robert,
    Thank you for reading my honest Onyx Fx Global Review. Also thanks for sharing your red flags about them.

    For the reasons given in this review and after reviewing 150+ progress/courses etc, that is why for those interested in affiliate marketing, I keep recommending the better alternative than this course. Affiliate marketing is basically where you promote other companies products or services in exchange for a commission on sales generated through your referrals. This is done through setting up a niche website, creating content and getting traffic to your website. I have been in the online marketing industry since 2018 and how soon you can get some income and ROI all depends on your consistency in creating quality content, which brings traffic and revenue. As a guide 1-2 years of creating consistent quality content that helps people with what they are looking for in your niche should yield results.

    If interested in affiliate marketing you can give it a test drive with a free starter account. Then if it suits your style you can go Premium, and you’ll have access to the owners, full support from the community and from me. Feel free to check it out through any of my links above and also to email me with any questions or help you need at [email protected]

  23. The video ( discusses two financial scenarios, comparing trading and investing strategies and presenting calculations for capital growth and gain. However, a critical detail seems to be overlooked. In the comparison, the speaker outlines the Capital Growth of a Trading Account, reaching an approximate total of $300k, and the Capital Gain of an Investment Account, achieving an approximate +$58k gain only.

    It’s important to highlight the distinction between these metrics. The trading account’s total includes the initial capital of $3,000 plus the gained amount (the total balance of the account), whereas the investment account only considers the increase, excluding the initial capital. While seemingly a minor point, precision in conveying these details is essential, particularly when dealing with financial information.

    Furthermore, the video lacks any distinction of the risks associated with trading. While potential gains are emphasized, there’s a conspicuous absence of acknowledgment regarding the potential loss of the entire investment. There is an absence of proof for the trading system’s performance over a comparable period to the investment approach (i.e., decades of independently verifiable Stock Market Performance Vs no track record of the Trading method), casting doubt on the reliability of the claims made.

    Moreover, the video overlooks the fundamental difference between trading, an actively income-generating pursuit, and investing, a more passively approached strategy where growth occurs independently of consistent effort.

    These oversight raises concerns about the video’s educational value, creating an impression more aligned with a sales pitch than an impartial educational resource.

  24. Thanks James for reading my honest Onyx Fx Global review.
    Your insights are very valuable and I agree, Nick’s approach and oversights create impression it is more aligned as his sales pitch for his course.
    He cannot make an impartial education resource because he is asking you and everyone else to pay him $1,497 for his course.
    Please be very careful to heed the warnings in my review and this comment if you are considering Nick Deflorio’s course.

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